COVID-19: SEC bans direct payment of investors’ dividend to stockbrokers ON MAY 11

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Simonson Harry

Well-Known Member
Apr 21, 2020
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As part of measures to protect investors in the nation’s capital market, post coranavirus, COVID-19 pandemic, the Securities and Exchange Commission, SEC has banned stockbrokers from collecting dividend payment due to investors in order to improve market confidence that has gradually been coming up five days after the easing of lockdown in the country.
 
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